Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 105 points (-0.6%) at 17,744 as of Wednesday, March 18, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,422 issues advancing vs. 1,524 declining with 171 unchanged.

The Electronics industry currently is unchanged today versus the S&P 500, which is down 0.3%. Top gainers within the industry include Vitesse Semiconductor ( VTSS), up 37.0%, LG Display ( LPL), up 1.9%, Kyocera ( KYO), up 1.4% and Micron Technology ( MU), up 0.8%. On the negative front, top decliners within the industry include Waters ( WAT), down 1.4%, Garmin ( GRMN), down 1.2%, ASML ( ASML), down 1.2%, Roper Industries ( ROP), down 0.9% and Emerson Electric ( EMR), down 0.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. ABB ( ABB) is one of the companies pushing the Electronics industry higher today. As of noon trading, ABB is up $0.29 (1.4%) to $20.68 on average volume. Thus far, 766,740 shares of ABB exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $20.48-$20.70 after having opened the day at $20.54 as compared to the previous trading day's close of $20.39.

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ABB Ltd provides power and automation technologies for utility and industrial customers worldwide. ABB has a market cap of $46.1 billion and is part of the industrial goods sector. Shares are down 3.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates ABB a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates ABB as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full ABB Ratings Report now.

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2. As of noon trading, Acuity Brands ( AYI) is up $2.69 (1.7%) to $163.93 on average volume. Thus far, 192,136 shares of Acuity Brands exchanged hands as compared to its average daily volume of 336,100 shares. The stock has ranged in price between $161.61-$164.88 after having opened the day at $161.99 as compared to the previous trading day's close of $161.24.

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Acuity Brands, Inc. designs, produces, and distributes lighting solutions, components, and services for commercial, institutional, industrial, infrastructure, and residential applications in North America and internationally. Acuity Brands has a market cap of $7.0 billion and is part of the technology sector. Shares are up 15.1% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate Acuity Brands a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Acuity Brands as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Acuity Brands Ratings Report now.

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1. As of noon trading, Taiwan Semiconductor Manufacturing ( TSM) is up $0.16 (0.7%) to $24.47 on average volume. Thus far, 6.1 million shares of Taiwan Semiconductor Manufacturing exchanged hands as compared to its average daily volume of 12.5 million shares. The stock has ranged in price between $24.44-$24.62 after having opened the day at $24.51 as compared to the previous trading day's close of $24.31.

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Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. Taiwan Semiconductor Manufacturing has a market cap of $125.9 billion and is part of the technology sector. Shares are up 8.6% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Taiwan Semiconductor Manufacturing a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Taiwan Semiconductor Manufacturing as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Taiwan Semiconductor Manufacturing Ratings Report now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG).

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